Equity
-€21,135
Debts exceed assets in financial year 2025.
MILAX
Lifetime
1 annual account with figurespeak -€6,033 (2025)
-€6,033
lowest -€26,135 (2025)
-€26,135
peak -€21,135 (2025)
-€21,135
€423,998
Board2 names since 2024
2 directorsRENSONNET Max Paul Eric and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Loss of €26,135First year with figures
Key points
from the 2025 annual accountsDebts
€423,998 105% of the balance sheet
Financial debts 80%Suppliers 1%Other 20%
Of this, €56,524 falls due within a year.
Position in the sector
-€26,135
Lower net result than 86% of companies in real estate. Sector median €5,986 · 17,185 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 25% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 0.6%
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.7%▲ +0.1 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.6%▼ -0.3 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€21,135
Liquidity: current ratio 0.24, cash €6,660
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €402,862
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 15% of them on solvency, 46% on liquidity and 13% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 232 companies had the same profile as MILAX has now. Each dot is one company, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of MILAX itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 232 companies, not a prediction for MILAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.24, below 1. Short-term debt is 14% and cash 1.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
14 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016779338
Incorporation
Founding capital of €5,000, 1,000 shares · Founder: SCHRAYEN Mélina Marie Jeanne · Appointments: SCHRAYEN Mélina Marie Jeanne (director) and RENSONNET Max Paul Eric (director) · published on 03-12-2024 · Gazette deed
First establishment
Rue Bois-Mayette 156, Liège
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MILAX Liège | €402,862 | -€6,033 | -5.2% | - |
| EQUAS Thimister-Clermont | €348,361 | -€2,654 | 3.0% | - |
| FENLOR Erpe-Mere | €398,746 | -€17,247 | 1.8% | - |
| TIMMO Evere | €418,016 | -€1,946 | 0.4% | - |
| Happy Koala Chaumont-Gistoux | €420,413 | -€794 | -5.9% | - |
| ZYS Immo Kortenaken | €435,312 | -€527 | 0.2% | - |
| CHRISKEL Beringen | €433,602 | -€12,048 | 65.0% | - |
These companies have the same main activity as MILAX: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €348,000 and €435,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 29-11-2024Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.368.542.7334000 Liège, since 29-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €402,862
- ≈ 0 FTEestimated
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on MILAX
MILAX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,135) and a net result of -€26,135.
Its solvency ranks better than 15% of 17,194 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MILAX
- What is the company number of MILAX?
- The company number of MILAX is 1016.779.338. The VAT number is the same number with BE in front: BE 1016.779.338.
- Where is MILAX based?
- The registered office is at Rue Bois-Mayette 156, 4000 Liège.Company details
- What does MILAX do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MILAX?
- MILAX is a private limited company (BV).
- When was MILAX founded?
- MILAX was founded on 29-11-2024.
- Is MILAX still active?
- Yes, MILAX is an active enterprise in the KBO register.
- What is the turnover of MILAX?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MILAX profitable?
- In financial year 2025, MILAX made a loss of €26,135.
- Where can I find the annual accounts of MILAX?
- MILAX filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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